Sunday, 29 Sep 2024

Asia

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Kuroda says BOJ will debate policy this month on view economy on growth path

CHANTILLY, France (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Wednesday the central bank will debate monetary policy this month based on the view that Japan’s economy continues to grow moderately. “We’re seeing some weakness in exports and output, but there’s no change to the view Japan’s economy is growing moderately. The board […]

Man admits going on Dark Web to hire hitmen to murder ex-lover's boyfriend

SINGAPORE – Consumed by jealousy, a risk management executive went on the Dark Web to hire hitmen to murder his former lover’s boyfriend in a staged car accident. But the executive was arrested after a journalist in the United States tipped off Singapore authorities about the planned hit. The court heard that the Dark Web contains […]

US, Japan eye possible small trade deal by September, sources say

WASHINGTON (REUTERS) – The United States and Japan are working on a trade deal involving agriculture and autos that could be agreed by President Donald Trump and Prime Minister Shinzo Abe when they meet in New York in September, three industry sources familiar with the discussions said on Tuesday (July 16). An auto industry official […]

Australia bank watchdog faces funding challenge as it gets new powers

SYDNEY (Reuters) – Australia’s banking watchdog vowed to be tougher with the entities it oversees but needs more funds to carry out its work, its chairman said on Wednesday, after a government report recommended the regulator be more forceful and less discreet. Australian Prudential Regulatory Authority (APRA) Chairman Wayne Byres told reporters on a conference […]

From Pizza Hut to Yoshinoya, brands are caught in the middle of Hong Kong protests

HONG KONG (BLOOMBERG) – As Hong Kong’s protesters extend their fight beyond the skyscraper-filled city to social media, companies are suddenly finding themselves very much involved. Demonstrators have started to single out brands they see as either for or against their cause, underscoring the intensifying politicisation of everyday life in the city. Historic protests have […]

U.S., Japan eye possible small trade deal by September: sources

WASHINGTON (Reuters) – The United States and Japan are working on a quid pro quo deal involving agriculture and autos that could be agreed by President Donald Trump and Japanese Prime Minister Shinzo Abe when they meet in New York in September, three industry sources familiar with the discussions said on Tuesday. An auto industry […]

What Singapore's first dementia care village in Sembawang could be like

Dementia care villages, such as the one planned for Gibraltar Crescent, encourage residents to live as independently as possible despite their age and condition. One such village is De Hogeweyk in Amsterdam, where patients are encouraged to shop for their daily needs at a supermarket and eat at restaurants. Rather than being confined to a […]

IMF sees Vietnam's economic growth slowing to 6.5% in 2019

WASHINGTON (Reuters) – The International Monetary Fund on Tuesday said Vietnam’s economic growth was expected to slow to 6.5% in full-year 2019 from a 10-year high of 7.1% in 2018, reflecting weak external conditions. Vietnam’s gross domestic product was expected to expand by 6.5% again in 2020 and over the medium term, the IMF said […]

US slaps sanctions on Myanmar army chief over Rohingya abuses

The US action against senior army officers comes as the military has continued to ‘commit human rights violations’. The United States on Tuesday announced sanctions on Myanmar’s military Commander-in-Chief Min Aung Hlaing and other military leaders due to their role in the “ethnic cleansing” of the Rohingya minority. The State Department said it took action […]